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3 Consumer Goods Stocks Pushing Sector Growth

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading down today with the
Dow Jones Industrial Average (
^DJI) trading down 4 points (0.0%) at 16,511 as of Wednesday, April 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,718 issues advancing vs. 1,280 declining with 133 unchanged.

TheStreet would like to highlight 3 stocks pushing the sector higher today:

3.
Honda Motor (
HMC) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Honda Motor is up $0.28 (0.8%) to $33.93 on light volume. Thus far, 258,697 shares of Honda Motor exchanged hands as compared to its average daily volume of 797,600 shares. The stock has ranged in price between $33.83-$33.98 after having opened the day at $33.90 as compared to the previous trading day's close of $33.65.

Honda Motor Co., Ltd. engages in the manufacture and sale of motorcycles, automobiles, and power products. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. Honda Motor has a market cap of $60.9 billion and is part of the automotive industry. Shares are down 18.6% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Honda Motor a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates
Honda Motor as a
hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins. Get the full
Honda Motor Ratings Report now.